Category Archives: Activist Funds
Cliff Asness Accelerates AI Push at AQR as Market Widens
(HedgeCo.Net) Cliff Asness, longtime quant investing luminary and co?founder of AQR Capital Management, is steering his firm ever deeper into algorithmic territory — a shift that could redefine the role of human discretion in quantitative asset management. Meanwhile, AR Capital […]
Whistleblower Earns $3.5 Million Award for Bolstering Ongoing Investigation
(HedgeCo.Net) The Securities and Exchange Commission today announced a whistleblower award of more than $3.5 million to a company employee whose tip bolstered an ongoing investigation with additional evidence of wrongdoing that strengthened the SEC’s case. The SEC noted that […]
Hedge Funds and their Role in Investment Portfolios: View Live Web Streaming Conference
Over 400 investment professionals from 34-different countries are currently on line viewing today’s “Idea Generating Conference” via web streaming. HedgeCoVest and Investopedia are sponsoring the one day “Idea Generating Conference” to hear from hedge fund managers about their strategies, best […]
Google Chairman Invests In Hedge Fund D. E. Shaw
New York, HedgeCo.Net – Google chairman Eric Schmidt, has bought a 20% equity share in the D. E. Shaw group, a global hedge fund investment and technology development firm with more than $36 billion in aggregate investment capital. “I’ve always […]
Activist Hedge Funds: H Partners Wins Mattress Wars
New York (Hedgeco.Net) – The world’s largest bedding provider, Tempur Sealy, has acquiesced to pressure from Rehan Jaffer’s hedge fund, to remove Mark Sarvary as the Company’s President and CEO. Tempur Sealy also appointed one of Jaffer’s senior partners, Usman […]
Activist Hedge Fund Tackles Yahoo
New York (HedgeCo.Net) – New York-based activist hedge fund Starboard Value LP has sent a letter to Yahoo CEO Marissa Mayer and Yahoo’s Board of Directors. The hedge fund has an estimated $1 billion in assets and was founded by Jeffrey Smith […]
Hedge Fund Investor NextEra Energy Plans To Acquire And Phase Out Florida Power Plant
New York (HedgeCo.Net) – NextEra Energy subsidiary, Florida Power & Light Company, (FPL) has filed a petition with the Florida Public Service Commission (PSC) to request approval to acquire the Cedar Bay Generating Plant, a 250-megawatt coal-fired facility located in […]
GM Agrees To Hedge Fund Activist’s $5 Billion Buy-back Plan
New York (HedgeCo.Net) – General Motors today agreed to a $5 billion share repurchase plan put forward by Harry Wilson, a former member of Obama’s Auto Industry Task Force. As part of the deal, Wilson agreed to give up his […]